NOT LISTED FOR SALE

245 N Cherokee Dr Polk City, IA 50226

Estimated Value: $189,049 - $199,000

2 Beds
2 Baths
968 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $75,975 $78 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,297/month

75 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • North Polk West Elementary School Rated A-
  • Eat-In Kitchen
  • 5-minute walk to Morse Family Park

About This Home

As of July 2012

Good sized townhome located in Polk City with finished basement. This 3 bedroom 2 bath townhome has a private yard, deck, fireplace, basement bar and egress window. Property will need some TLC. No HOA dues. Property is sold as-is. proof of funds required to make an offer. Earnest money deposit must be certified funds. Visit - HUDHomestore website for all information, HUD case # 161-244084. The First 30 days, only owner-occupant offers are being accepted. If not sold in that period, home is available to investor offers. all inspections are for buyer's knowledge only.

Last Agent to Sell the Property

Chris Schild

Iowa Realty Mills Crossing Listed on: 05/09/2012

Iowa Realty Mills Crossing

Last Buyer's Agent

Dawn Elwell

RE/MAX Precision License #S59505000

RE/MAX Precision

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1997

Lot Details

  • 6,534

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 968 Sq Ft Home
  • 1 Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • 6,534 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Built by Woodcrest Development

Listing and Financial Details

  • Assessor Parcel Number 26100142235001

Townhouse Details

Home Type

Townhome

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Homebuilder: Woodcrest Development
  • Lp Amt Sq Ft: 85.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 78.00
  • Termite: Under Maintenance Contract - No Need for Inspection
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 968
  • Sq Ft Fin Bsmt: 850
  • Dining Room: Eat In Kitchen
  • Other Rooms: Pantry
  • Living Area Sq Ft: 968
  • Total Sq Ft: 968

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Schools

  • School District: North Polk

Lot Info

  • Acres: 0.1500
  • Lot Shape: Regular
  • Assessor Parcel Number: 26100142235001
  • Zoning: RES

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1939.00
  • Net Taxes: 1939.00
  • Assessor Parcel Number: 245NCHEROKEEDRPOLKNORTHPOL50226
  • Tax Year: 2011

MLS Schools

  • School District: North Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Jul 20, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Edler Nancy
Seller's Agent
Chris Schild
Iowa Realty Mills Crossing
Buyer's Agent
Dawn Elwell
RE/MAX Precision
List Price
$82,000
Sold Price
$75,975
Premium/Discount to List
-$6,025
-7.35%
Current Estimated Value
$192,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,787
Avg. Annual Appreciation
7.23%
Original Mortgage
$35,975
Outstanding Balance
$7,156
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$181,821

Purchase Details

Closed on
Jun 6, 2008
Sold by
Tegtmeier William W
Bought by
Fullerton Lisa M

Purchase Details

Closed on
May 12, 2008
Sold by
Tegtmeier William W
Bought by
Fullerton Lisa M

Purchase Details

Closed on
Aug 13, 2007
Sold by
Schmidt Shelly J
Bought by
Tegtmeier Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2007
Sold by
Parmelee Craig and Parmelee Denise
Bought by
Schmidt Shelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,225
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1998
Sold by
Woodcrest Development Lc
Bought by
Rushenberg Kevin L and Moncada Alma P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.83%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Edler Nancy -- None Available
Fullerton Lisa M -- None Available
Fullerton Lisa M -- None Available
Tegtmeier Lisa M $127,500 None Available
Schmidt Shelly J $124,500 None Available
Rushenberg Kevin L $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edler Nancy L $35,975
Previous Owner Fullerton Lisa M $127,194
Previous Owner Tegtmeier Lisa M $121,600
Previous Owner Schmidt Shelly J $31,225
Previous Owner Schmidt Shelly J $93,475
Previous Owner Parmelee Craig $34,267
Previous Owner Rushenberg Kevin L $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2012 07/23/12 Sold $75,975 -7.3% $78 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $82,000 -- $85 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,906 $167,100 $32,400 $134,700
2023 $3,006 $167,100 $32,400 $134,700
2022 $2,966 $145,600 $28,500 $117,100
2021 $2,732 $145,600 $28,500 $117,100
2020 $2,678 $130,800 $25,600 $105,200
2019 $2,366 $130,800 $25,600 $105,200
2018 $2,334 $112,500 $21,800 $90,700
2017 $2,114 $112,500 $21,800 $90,700
2016 $2,070 $104,300 $22,400 $81,900
2015 $2,070 $104,300 $22,400 $81,900
2014 $1,960 $99,600 $26,900 $72,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 401019

Des Moines Area Association of REALTORS®

APN: 261-00142235001